Lockheed Martin (LMT) to Post Earnings on Thursday

Lockheed Martin (NYSE:LMT) is expected to post its Q2 2026 results before the market opens on Thursday, July 23rd. Analysts expect Lockheed Martin to announce earnings of $7.22 per share and revenue of $19.3654 billion for the quarter. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Interested persons can check the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 23, 2026 at 8:30 AM ET.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The company had revenue of $18.02 billion for the quarter, compared to analyst estimates of $18.38 billion. During the same period in the prior year, the company earned $7.28 EPS. The company’s revenue was up .3% compared to the same quarter last year. On average, analysts expect Lockheed Martin to post $30 EPS for the current fiscal year and $32 EPS for the next fiscal year.

Lockheed Martin Price Performance

LMT opened at $509.21 on Tuesday. Lockheed Martin has a 1 year low of $410.11 and a 1 year high of $692.00. The company’s 50 day simple moving average is $521.89 and its 200 day simple moving average is $572.26. The stock has a market capitalization of $117.40 billion, a PE ratio of 24.66, a P/E/G ratio of 0.91 and a beta of 0.11. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.94 and a current ratio of 1.14.

Lockheed Martin Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 1st were paid a dividend of $3.45 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $13.80 dividend on an annualized basis and a yield of 2.7%. Lockheed Martin’s dividend payout ratio (DPR) is currently 66.83%.

More Lockheed Martin News

Here are the key news stories impacting Lockheed Martin this week:

• Positive Sentiment: Lockheed Martin introduced PAC-3 ACE, a lower-cost interceptor designed to capture growing air-defense demand and compete with low-cost weapons from startups. Reuters article on cheaper Patriot interceptors
• Positive Sentiment: The new PAC-3 ACE and MORFIUS X-Rotor products could expand Lockheed Martin’s addressable market in air and drone defense as global conflict drives demand for more interceptors and counter-swarm systems. PR Newswire article on PAC-3 ACE
• Neutral Sentiment: Wall Street is looking for revenue growth in Lockheed Martin’s Q2 results, supported by a strong defense backlog, but margins may take longer to recover. Zacks article on buying before earnings
• Neutral Sentiment: Analysts are also focused on Q2 metric projections ahead of earnings, with investors watching for signs of execution and backlog conversion. Zacks article on Q2 projections
• Negative Sentiment: Lockheed Martin’s hypersonic missile program is facing production issues and quality-defect concerns, adding execution risk to a major defense program. Yahoo Finance article on hypersonic delays

Analyst Ratings Changes

LMT has been the subject of several research reports. UBS Group lowered their price objective on shares of Lockheed Martin from $683.00 to $538.00 in a research note on Tuesday, June 30th. Wells Fargo & Company set a $575.00 target price on Lockheed Martin in a report on Wednesday, July 8th. Wall Street Zen downgraded Lockheed Martin from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Citigroup raised Lockheed Martin from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $571.00 to $582.00 in a research note on Wednesday, July 1st. Finally, Weiss Ratings cut Lockheed Martin from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $607.58.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Brighton Jones LLC lifted its stake in Lockheed Martin by 5.0% during the fourth quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company’s stock valued at $1,941,000 after purchasing an additional 191 shares during the last quarter. Sivia Capital Partners LLC increased its holdings in shares of Lockheed Martin by 5.4% in the second quarter. Sivia Capital Partners LLC now owns 973 shares of the aerospace company’s stock valued at $451,000 after buying an additional 50 shares in the last quarter. Schnieders Capital Management LLC. increased its holdings in shares of Lockheed Martin by 17.3% in the second quarter. Schnieders Capital Management LLC. now owns 1,460 shares of the aerospace company’s stock valued at $676,000 after buying an additional 215 shares in the last quarter. Gamco Investors INC. ET AL lifted its position in shares of Lockheed Martin by 36.0% during the 2nd quarter. Gamco Investors INC. ET AL now owns 2,250 shares of the aerospace company’s stock valued at $1,042,000 after acquiring an additional 595 shares during the last quarter. Finally, Sei Investments Co. lifted its position in shares of Lockheed Martin by 18.2% during the 2nd quarter. Sei Investments Co. now owns 86,569 shares of the aerospace company’s stock valued at $40,092,000 after acquiring an additional 13,300 shares during the last quarter. 74.19% of the stock is owned by institutional investors and hedge funds.

About Lockheed Martin

Lockheed Martin Corporation (NYSE: LMT) is a global aerospace and defense company that designs, develops and manufactures advanced technology systems for government and commercial customers. Formed through the 1995 merger of Lockheed Corporation and Martin Marietta, the company is headquartered in Bethesda, Maryland, and focuses on providing integrated solutions across air, space, land and sea domains. Its primary customers include the U.S. Department of Defense, NASA and allied governments around the world.

Lockheed Martin’s product and service portfolio spans military aircraft, missile and fire-control systems, missile defense, space systems and satellite technologies, sensors and precision weapons.